5301 Dixie HwyWest Palm Beach, FL 33405

Property Details for 5301 Dixie Hwy

Year built

1925

Construction

CONCRETE

Lot size

1.00 AC

Property size (Sq ft)

9,246 SF

Zone code

GC

Property type

Retail properties

Property subtype

Retail space

APN

74-43-44-04-34-000-0010

APU

74434404340000010

Description

This exceptional 3,962-square-foot retail space is ideally situated on South Dixie Highway in the vibrant SoSo (South of Southern) neighborhood. Located between Southern Boulevard and Forest Hill Boulevard, this single-tenant property boasts excellent visibility and high traffic counts, ensuring maximum exposure for your business. The building features high vaulted ceilings and an open floor plan, offering considerable flexibility for customization. Whether you envision a spacious retail environment or a configuration with smaller sections and offices, the adaptable layout caters to diverse needs. A private bathroom adds convenience, while a separate back area provides ample space for storage, a break room, or other essential functions. The property is zoned GC and has an APN of 74434404340000010. This prime location presents a unique opportunity to establish or expand your business in a thriving South Florida community. The property's size and features make it suitable for a wide range of retail or office uses. Don't miss this chance to secure a prominent presence on one of South Florida's busiest thoroughfares. The lot size is not specified.

• CAP approach

  CAP return

  Valuation

  6%

  $3,492,774

  6.5%

  $3,224,100

  7%

  $2,993,807

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,481,572

  Geo Method

  $6,481,572

• Alternative Use

  Use

  Valuation

  Residential

  $2,719,648

  Hospitality

  $2,491,184

  Educational

  $2,072,635

  Medical

  $2,143,916

  Retail

  $3,224,100

Location Insight

City

West Palm Beach

County

Palm Beach

State

Florida

Latitude

26.6657

Longitude

-80.0558

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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